OCR MEI S1 2009 January — Question 1

Exam BoardOCR MEI
ModuleS1 (Statistics 1)
Year2009
SessionJanuary
TopicMeasures of Location and Spread
TypeCalculate statistics from discrete frequency table

1 A supermarket chain buys a batch of 10000 scratchcard draw tickets for sale in its stores. 50 of these tickets have a \(\pounds 10\) prize, 20 of them have a \(\pounds 100\) prize, one of them has a \(\pounds 5000\) prize and all of the rest have no prize. This information is summarised in the frequency table below.
Prize money\(\pounds 0\)\(\pounds 10\)\(\pounds 100\)\(\pounds 5000\)
Frequency992950201
  1. Find the mean and standard deviation of the prize money per ticket.
  2. I buy two of these tickets at random. Find the probability that I win either two \(\pounds 10\) prizes or two \(\pounds 100\) prizes.